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more on that. if we could talk about is the changing energy environment globally and especially in the united states, as the united states becomes more self-sufficient rather than independent, and how that impacts the relationship with our countries? >> yes, you know, i think that -- we have had some divergences. some of it comes down to messaging, as we were saying before. we have the same sorts of reservations and worries about exactly what is the u.s. policy and will the u.s. actually back up those policies as the other allies do. that extend beyond the middle east. the divergence has been the ascendancy of islamic groups. the united states have been relatively sanguine about that. many are worried about the intentions of groups like the muslim brotherhood. when it comes to iran, i think there is a concern amongst the allies we focus on what is exclusively on the nuclear issue, almost as if we are having an arms control negotiations. many of our allies see it in a much broader sense, causing trouble in the region. again, i don't think that the administration doesn't see those
. beyond that we need to have her growth energy policies including oil and natural gas. [applause] our regulations, regulations have to be the product of the cost-benecost-bene fit analysis. if you go to some of these other countries the government's trying to help the business community. in america business feels like the government is an impedimenimpedimen t their competitor, their enemy. that has to stop. [applause] our monetary policy cannot be used to inflate things and distort our economy. the list goes on and on. we need to have a progrowth tax structure not one is designed to take from some and give to others. and last but not least we believe in solving our debt problem not out of ideological reasons but is hurting job creation. jobs are not being created in america. they are jobs that are not being created in this country because we have a 16.5 chilean dollar debt and its only scheduled to get bigger. that problem has to be solved and the only real approach to solving it is a combinaticombinati on of fiscal discipline and rapid economic growth. there is no tax increase in the
that because it seems to me that the department of energy, their role is much like that of the defense contractors. and the money that they spend on a,, do you feel good about where we are and are we on track to raise it up >> senator, i do feel good in terms of insight and influence. it is not perfect. but i think that over the last year in particular, there has been ager mattock change between the department of defense and department of energy over visibility into the budget and influence in shaping a budget. it is not perfect. i think we are learning a lot about how we can get better at this. i think there is more to do and i have seen a tremendous change, and i think it is a tremendous positive change. >> that is great. i would note that my understanding is that the department of defense has not yet certified the budget unless we have some concerns about it. but it is at the omb level and going forward. i do think it is healthy but the defense department has real input into the production of the budget for nuclear weapons. >> thank you, senator sessions. >> thank you, general kehl
level attention and energy focused on sexual assault response programs across all. the key is transferring this energy and focus from top to bottom across the force. through quality training, and strong leadership. i began my remarkses by stating that sexual assault is a national problem. ly conclude by stating it's my view that the department of defense can and must be a leader solving probt for america. thank you for your attention. i look forward to your questions . thank you. we have number of states for the record including nancy parish, lisa max, mr. ben clay, and -- there's no objection. they will be included in the record of the hearing. i now would like to turn over to chairman levin. >> thank you for your leadership and holding this hear -- holding this hearing and to all of us who have joined in the effort as a major effort. it's a huge initiative, it's vitally important. i just very much appreciate your recognizing me for a few moments. i want to thank our colleagues as well that are here waiting to asking questions. and it will take a few moments. first of all,
energy. those are the kind of things that we can do that don't cost money that create jobs, complete the keystone pipeline. don't keep sending money to venezuela, saudi arabia. create jobs in america. ask the people in north dakota. they have got growth and prosperity as a result of energy production. these are the kind of things that we can do and we believe in and we'll continue to work for. and i just say that maybe even though we have a big difference -- and this budget will be quite different from the house budget -- i don't say it's impossible that in conference that some sort of a more global agreement could be reached to put america on a sound path. we'll have to deal with the entitlements. entitlements represent half of the spending, and with interest, more than half of the spending that we spend, medicare, social security. those are growing well above the inflation rate, and they just need their growth level needs to be contained a little bit. and we can make them sound and people can retire and know that medicare will be there for them, it won't fail, that social security
and was the ranking member on the senate armed services committee and has brought a great energy and a bipartisan spirit to our work together and we want to just welcome him as her new ranking member here. we welcome senator johnson i think is a new member here also of her subcommittee like senator mccain has been a member of the subcommittee. senator johnson has joined us and we welcome him. in april 2012 americans were confronted with the story of wall street excess in the derivative disaster now known as jpmorgan chase wailed trades. the largest u.s. banks are derivatives which are complex financial instruments that derive their value from other assets. derivatives behind at jpmorgan trades were part of the so-called synthetic credit portfolio, sometimes called the scp. that essentially made outsized bets on whether particular financial instruments or entities were creditworthy or would default during specified time periods. the bets were made by traders in the london office of the u.s. banking giant jpmorgan chase. their there are trades, meaning their pets drew -- grew so large that they wer
Search Results 0 to 5 of about 6

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